Thread: Finally beginning REAL reval speculation

Originally Posted by DesertWolf

Are your kidding? My wife will still demand that I take out the trash, get my skivvies into the laundry hamper and get my own damn 2nd mug of coffee!


Yes many lives will change, I just hope that we can help some see that to keep their new wealth in tack that they will need some advice and help from people in the filed of money management and taxes.

One fact that will never change, the moment kin find out that your are in the pink, they will be knocking at your door looking for a nice big slice of the pie!

DesertWolf

they all have a little of thier own. not enough to be rich bu enough that all will be in a better place.

Originally Posted by SHIELD 464

i thought i read about a year ago that warren buffet invested in IQD.
annyone else come upon anything like that?

I have done a lot of searching for the answer to that question for Buffet and Gates and have never been able to find any connection between them and the dinar. Buffet is notorious for buying companies but there are never any references about his foreign currency investments. None for Gates either. So nobody knows as all would be worthless speculation.

Originally Posted by danny51

I have done a lot of searching for the answer to that question for Buffet and Gates and have never been able to find any connection between them and the dinar. Buffet is notorious for buying companies but there are never any references about his foreign currency investments. None for Gates either. So nobody knows as all would be worthless speculation.

Agreed,

When this rumour was circulating all I could to is laugh. lol Both Buffet and Gates can't hiccup without the world knowing it, so I sincerely doubt any of this was ever true.

Good luck and health to all, Mike

Originally Posted by SHIELD 464

i thought i read about a year ago that warren buffet invested in IQD.
annyone else come upon anything like that?

he did and has been quoted since in saying that his company is only invested in one currency currently and we would find out what that was next year when they cash out presumably. i assume then we will find out in due time.

yes what sgs is saying is true! I heard it from the horses mouth.

Not to change the subject, but I am... What happened to the package deal of laws that Maliki had said would be voted on all at once? Wasn't that going to be the saving grace for everyone?

Originally Posted by SHIELD 464

i thought i read about a year ago that warren buffet invested in IQD.
annyone else come upon anything like that?

Here's the artricle dated May 9, 2007. Notice, he did not mentione WHICH currency he is involved with.

ZURICH (Reuters) - Warren Buffett is confident that Berkshire Hathaway Inc. (BRKa.N: Quote, Profile, Research)(BRKb.N: Quote, Profile, Research) can conclude several large takeovers soon, Buffett told Swiss newspaper Finanz und Wirtschaft in an interview on Wednesday.

"We are primarily interested in larger takeovers. I'd happily buy something in the area of $5-$20 billion, but unfortunately targets with potential are rare. I'm confident that we are going to be able to conclude several larger transactions soon," he told the newspaper.

Buffett said insurance and investment group Berkshire, which he heads, was not as active in the currency markets as it once was.

"Today, we're only actively buying one currency. You'll find out in one year which one it was," he said.

Originally Posted by goldraker

yes what sgs is saying is true! I heard it from the horses mouth.

In Iraq, after four years and three months of war, the echoes have begun to echo themselves.

American troops are taking Baghdad's streets back from insurgents. The prime minister has a plan for national reconciliation. To the south, in the "triangle of death," two U.S. soldiers are missing, captives in enemy hands.

Those were the headlines a year ago. Now they're being heard again in the newscasts of today, like some grim rewinding of a movie tragedy, of a story that never ends.

At the White House last June, back from a secretive trip to Baghdad, an upbeat President Bush told reporters assembled in the Rose Garden, "I sense something different happening in Iraq."

It's June again and those roses are once more in bloom. But in Baghdad the scene looks only bleaker.

To a visitor returning after a year, the something different is the spread of concrete blast barriers across ever more of the city, the accumulation of still more rubble, the sectarian "cleansing" of neighborhoods, the ruin of still more lives — of friends whose loved ones have fled, been kidnapped, been killed. And for those left behind, life is worse.

Old Baghdad's constants remain: The sun, boiling orange, still slips below the western desert each evening; the river Tigris snakes, shallow and sluggish, through the city's heart; the muezzins' call to prayer still blares from countless mosques.

The constants of war also remain: the thud of sunrise explosions, somewhere; the zigzagging of convoys down the dangerous roads; the roar of Black Hawk helicopters skimming the tops of Baghdad's minarets.

But the war also has taken new and different turns in the past year.

Insurgent bombers have targeted the bridges over the Tigris and over Baghdad's critical highways. More than ever they're hitting the fortress-like Green Zone, home of the U.S. Embassy and Iraqi government; they've hammered the enclave with rockets and mortar fire more than 80 times since March, reportedly killing at least 26 people, U.N. figures show. On Tuesday, another mortar barrage hit the area.

The U.S. forces in the latest "take back the streets" campaign are suffering more as well — 126 killed in Iraq overall this May, compared with 69 in May 2006.

Young soldiers' attitudes are suffering, too, after repeat tours in Iraq. Almost half in a Pentagon survey released last month said their unit's morale is low or very low. Morale took a fresh blow when the Army announced that 12-month tours would be extended to 15.

For Iraq's army and police, the losses were even heavier. And after easing earlier this year, the toll on civilians appears to be rising again in the unending cycle of sectarian killings by Sunni Muslim bombers and Shiite Muslim death squads. Last month was one of the bloodiest on record — by Associated Press count, at least 2,155 civilians killed.

This war has survived countless "turning points," including last June's killing of Abu Musab al-Zarqawi, leader of al-Qaida in Iraq, a U.S. success some in Washington touted as a prelude to a "sea change" in U.S. fortunes.

It wasn't. Now U.S. hopes rest on "Imposing the Law," the four-month-old security crackdown, a "surge" of U.S. reinforcements billed as a promising change of strategy. But this, too, is another echo — of "Together Forward," launched in June last year, and "Lightning" of a year before that.

This 2007 operation already shows the weakness that undercut the others, lackluster support from an Iraqi army plagued with desertions and reluctant troops.

"Units that deployed came into Baghdad at only about 60 to 65 percent of their authorized strength," Lt. Gen. Martin Dempsey, outgoing chief U.S. trainer for Iraqi forces, told an interviewer.

The U.S. command points to progress in the western province of Anbar, where Sunni tribal chiefs have turned against al-Qaida. But some of Anbar's long-running violence seems simply to have moved to Diyala, a province north of Baghdad. On Tuesday, more than 10,000 U.S. soldiers poured into Diyala's capital, Baqouba, on Tuesday as part of major offensives against insurgents outside of Baghdad.

Sunni fighters remain defiant, meanwhile, in such strongholds as the "triangle of death" towns south of Baghdad, where they captured and killed two U.S. soldiers in June last year, and seized two others, still missing, this May.

In Baghdad, death squads the past year have rearranged the sectarian checkerboard of neighborhoods. The mixed west Baghdad districts of Hurriyah and Jihad have turned solidly Shiite, and Sunnis have driven Shiites from the southern district of Dora.

More and more, this centuries-old city is a maze of debris-blocked streets, abandoned houses and long gray walls of 13-foot-high concrete barriers, erected by the Americans to guard against car bombings.

"In two months over 3,200 of these temporary protective barriers were put into Rusafa" — the part of Baghdad east of the Tigris River — said command spokesman Maj. Gen. William Caldwell last month.

Along with the everyday threats of death, Baghdadis have had to grapple, even more than they did a year ago, with the slow collapse of everyday life.

Electricity, available a few hours a day, grows scarcer. Four years after the U.S. vowed to restore power, the supply in early June was 8 percent below the 2006 level. Oil production, vital to Iraq's economy, remains crippled — at levels even lower than last June's production. The queues at gasoline stations sap hours of people's days.

Many Iraqis couldn't cope. An estimated 650,000 — more than 2 percent of the prewar population of about 27 million — have left the country since 2005, adding to more than 1 million already existing refugees. Some 2 million more have been driven from their homes but remain within Iraq, the U.N. refugee agency says.

Taking over in May 2006, Prime Minister Nouri al-Maliki pledged to push legislation to unify Iraq's Shiite, Sunni and Kurdish factions. "We've got a prime minister who is very much hands-on," said the U.S. ambassador at the time, Zalmay Khalilzad.

Al-Maliki's efforts have foundered, however, and a new ambassador, Ryan Crocker, takes a less positive view.

"Whether it is ultimately within his power to bring Iraq to a successful state, I mean, again, I can't tell you that it is," Crocker said last month.

Amid more of the same, Iraqis wait.

Behind heavy security earlier this month, hundreds of Shiite and Sunni scholars gathered to promote Muslim and Iraqi unity, but in the end could offer little but the echo of a question from last year and years before.

"How long," one asked, "will Iraqi blood be shed?"

Originally Posted by Vipor

Here's the artricle dated May 9, 2007. Notice, he did not mentione WHICH currency he is involved with.

Exactly,

And how many different currencies are there to choose from? Could be any currency, but Buffet is a mainstreeter, so I doubt it will turn out to be a non traded currency which it is as far as FOREX goes. Sure would be nice, but doubtful it would be Iraqi dinar, maybe the dong? (g)

Good luck and health to all, Mike

I have a number of friends that I have been helping with their limited income to get some IQD before the RV. 50K, 100K, and 150K at a time, just about all that they can afford at this time.

While at the Chase Bank, I asked the teller if Chase was dealing with the Dong. She checked her confuser and informed me, “NO”! She didn’t know if the Bank would handle the Dong after their RV.

I have had NO problems in making small orders of IQD. You pay in advanced, and if early enough in the day you get your IQD the next day. The best part is, if they RV overnight, you STILL GET THE DINARS! If you have some friend that can only afford small amounts this may be their way of getting on board. For non-bank members there is a $5. fee and a limit of a $1,000 transaction limit per day.

Hope that this helps…


DesertWolf